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MicroStrategy CEO Michael Saylor’s 17,732 BTC Holdings Now Worth $1.1B

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MicroStrategy CEO Michael Saylor has personally executed very effectively by his longtime assist for bitcoin, along with his personal holdings of the crypto now value greater than $1 billion.

  • On Thursday, Saylor retweeted a tweet of his from a 12 months earlier wherein he disclosed that he personally held 17,732 BTC that he bought for a median value of slightly below $10,000 (on the time, these holdings would have been value $235 million). In his retweet, he added the remark that “you do not sell your #bitcoin,” implying that he nonetheless owned all these cash.
  • At present costs, Saylor’s holdings could be value about $1.1 billion, reflecting an unrealized achieve of greater than 500%.
  • MicroStrategy didn’t instantly reply to a request for touch upon whether or not Saylor had offered any of his holdings from a 12 months in the past nor whether or not he had purchased any further bitcoin since then.
  • On Thursday, the corporate disclosed that it had added virtually 9,000 BTC to its stability sheet within the third quarter, bringing its whole owned to 114,042 BTC. At present costs, that bitcoin is value about $7 billion, whereas MicroStrategy’s complete market capitalization is roughly $7.4 billion.

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